How does experience come?

May 18, 2020 at 08:09
4,283 Angesehen
78 Replies
Mitglied seit Jan 11, 2022   45 Posts
Mar 21, 2022 at 06:46
Experience is not something that can be acquired, but is rather something that is earned with passage of time. A journey full of victories and losses, traders need to understand that it is essential to keep working, updating your trading style and methodologies in accordance with the dominant trends in the market to last long in the field and earn maximum profits.
Mitglied seit Mar 17, 2022   47 Posts
Mar 31, 2022 at 06:03
Experience comes from trading.Though you may have acquired necessary skills and knowledge ,You can earn money only by real time trading.If you are worried about losing money,start practising with a free demo account.Get more exposure and then invest your real money.
Mitglied seit Mar 23, 2022   26 Posts
Apr 04, 2022 at 06:09
Time is the best teacher. With time, you learn, trade, make mistakes, learn again, improve, trade again, and the process continues. Experience comes with the time you spend in the market.
Mitglied seit Sep 30, 2014   20 Posts
Apr 04, 2022 at 07:46
SofieAndreasen posted:
Trading is so easy that new traders may not be aware that a very steep learning curve is involved. Success is difficult and requires a lot of time and effort.

Can't agree more. low entry barrier makes it look easy for our new fellows.

How does experience comes? for me it comes from Learn & Practice.

Have a good trading day guys.
Choose your fight!
Mitglied seit Mar 11, 2022   38 Posts
Apr 04, 2022 at 08:01
You become experienced when you have your own stories of success and failures. We all read how others have performed or have been performing. But you get better by improving your own mistakes.
Mitglied seit Mar 11, 2022   18 Posts
Apr 05, 2022 at 07:20
Experience comes with either failures, losses, and also from your wins. When you acknowledge failures, you learn from them and when you win, you make conclusions. The more you trade, the more you become experienced. Some learn by listening, reading, testing, and watching but some learn from personal experiences and learn it from real money since the beginning.
Mitglied seit Mar 24, 2022   56 Posts
Apr 12, 2022 at 07:37
I think you gain experience only when you learn to accept your mistakes and work to make better decisions. You need to set a risk reward ratio and follow a strong trading plan in order to maintain a certain amount of profit, either weekly, monthly or yearly.
Mitglied seit Jan 21, 2022   57 Posts
Apr 19, 2022 at 10:07
As long as you put in effort and hard work, the path to achieving success doesn’t seem that far fetched, don’t you think? Time does play a huge role when it comes to gaining experience, but I believe that while time can be a teacher, it is upon you, if you really want to learn from past mistakes or continue to be stagnant.
Mitglied seit Mar 22, 2022   25 Posts
May 09, 2022 at 03:58
It takes a lot of learning, practising, trading, profits, and losses to make you experienced. You will make mistakes while moving ahead but when you learn to take lessons from your mistakes, you take your first step towards becoming profitable.
Mitglied seit Jan 29, 2020   23 Posts
May 10, 2022 at 19:38
experience comes due to the practicing. The more you will practice the more experience you can get. Without a doubt, experience comes with the mistakes, losses, fails in calculations and so on.

guess that it must be a primary goal for all the traders who are eager about receiving experience and money. they have to understand that only due to thorough analysis of the graphic, correct choice of trading instruments, wise approach to strategy building might help them get closer to their dream.
I personally always practice on demo even despite the fact that I have been trading on real account for many years.
Mitglied seit Oct 11, 2013   775 Posts
May 13, 2022 at 01:44
Well, to be successful in Forex you do need experience, which comes with practice and time, but you also need something even more important which is discipline. Without discipline you will never make it in any financial market, not only in Forex. I can have a trader with no or little experience follow a trading system with discipline and he or she can be successful. But you can have an experience trader do all kinds of things without following a plan and be a failure.
Mitglied seit Apr 04, 2022   3 Posts
May 19, 2022 at 08:58
You gain experience by trading, educating yourself and with time. Start slow, with a demo account. Slowly you will experience and confidence. Good Luck!
Catch Desirable Opportunities
Mitglied seit Aug 05, 2021   401 Posts
May 20, 2022 at 15:57
Experience is gained over time, as we learn and make mistakes. I've been at it for almost 3 years and still have a ton to learn. Traders should never stop acquiring knowledge and there are always going to be events and learning opportunities throughout our careers.
Mitglied seit Jun 06, 2022   14 Posts
Jun 06, 2022 at 17:16
You need time in the tape. Jump in with a $100 account and do $1 trades, best way to learn.
Protect against loses and the profits take care of themselves.
Mitglied seit Mar 31, 2021   229 Posts
Aug 16, 2022 at 11:02
I believe that experience comes with time. But subject to constant training of your skills.And if you just sit and wait, then you can wait for 10 years but still not get the necessary experience.
Think thrice before opening an order
Mitglied seit Aug 17, 2022   45 Posts
Sep 13, 2022 at 12:15
Experience comes with time and practice. Experience is not something that comes overnight. For that, you need to understand the functionality and technicality of the market thoroughly. Also, demo trading plays an important role for new traders to improve their trading skills.
Mitglied seit Sep 15, 2022   36 Posts
Sep 20, 2022 at 12:42
Experience comes from time. Being consistent is the key here.
 
Mitglied seit Sep 21, 2022   11 Posts
Sep 22, 2022 at 12:14
Experience comes with time and practice. To become a good experienced trader, knowledge is a must. Study the market thoroughly and then trade.
Mitglied seit Oct 27, 2022   27 Posts
Nov 10, 2022 at 12:00
Experience is gained by consistently trading on a demo account and analyzing the market on a daily basis.
Anmelden / Registrieren to comment
You must be connected to Myfxbook in order to leave a comment
*Kommerzielle Nutzung und Spam werden nicht toleriert und können zur Kündigung des Kontos führen.
Tipp: Wenn Sie ein Bild/eine Youtube-Url posten, wird diese automatisch in Ihren Beitrag eingebettet!
Tipp: Tippen Sie das @-Zeichen ein, um einen an dieser Diskussion teilnehmenden Benutzernamen automatisch zu vervollständigen.